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Robotics End-Of-Arm Tooling Market by Application and Geography - Forecast and Analysis 2021-2025

  • Published: Nov 2021
  • Pages: 120
  • SKU: IRTNTR44958
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The robotics end-of-arm tooling market share is expected to increase by USD 892 million from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 4.75%.

This robotics end-of-arm tooling market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers robotics end-of-arm tooling market segmentations by application (material handling, assembly line, welding and soldering, surface treatment and finishing, and others) and geography (North America, Europe, APAC, South America, and MEA). The robotics end-of-arm tooling market report also offers information on several market vendors, including Applied Robotics Inc., ASS Maschinenbau GmbH, Barnes Group Inc., Dover Corp., EMI Corp., Festo SE and Co. KG, FIPA GmbH, IPR GmbH, Novanta Inc., and Toyota Industries Corp. among others.

What will the Robotics End-Of-Arm Tooling Market Size be During the Forecast Period?

Robotics End-Of-Arm Tooling Market Size

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Robotics End-Of-Arm Tooling Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The rise in demand for modular end-of-arm-tooling is notably driving the robotics end-of-arm tooling market growth, although factors such as high cost of deployment of industrial robots limiting demand for robotics end-of-arm-tooling may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the robotics end-of-arm tooling market industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Robotics End-Of-Arm Tooling Market Driver

Rise in demand for modular end-of-arm-tooling is one of the key factors driving the growth of the global robotic end-of-arm tooling market. Over the years, manufacturers around the globe have increased their investments in industrial robots to assist them in a range of activities that the human workers or alternative systems and technologies traditionally performed. This has propelled the demand for robotics end-of-arm-tooling that can handle multiple sizes, materials, and geometries in multiple tasks without switching to a different end-of-arm-tooling. To achieve modularity, vendors have been incorporating features such as servo motors and pre-configurability using multiple axis controllers in grippers. Apart from modularity, the features ensure that the equipment is more user-friendly. Furthermore, the operators can incorporate these systems with minimal knowledge of programming. In case of errors, reinstallation and troubleshooting of end-of-arm-tooling are easier. Over the years, the focus has also been on ensuring that robotics end-of-arm-tooling can adapt to irregularities in a part with the help of enhanced positioning capabilities. For instance, servo-based grippers can handle a part that is packaged in a slightly irregular way or has an irregular design without much inconvenience for the robot programmer or operator.

Key Robotics End-Of-Arm Tooling Market Trend

Use of FDM and additive manufacturing in end-of-arm-tooling manufacturing will fuel the global robotic end-of-arm tooling market growth. The adoption of the FDM technology is expected to increase for the manufacturing of robotics end-of-arm-tooling. The FDM technology is more advanced than other traditional methodologies of manufacturing. The technology can facilitate faster customization while incorporating complex components such as durable and lightweight plastics. The adoption of additive manufacturing is also expected to increase during the forecast period. This type of manufacturing ensures complex geometries and the consolidation of design features. The FDM technology and additive manufacturing have undergone developments that ensure a certain degree of customization and fast design cycles. Robai, a manufacturer of high-precision robotics, is a prominent adopter of the technology. Stratasys used the technology to produce components to suit end-user requirements. Furthermore, the technology is more efficient than computer numerical control machines. During the forecast period, we expect to record a considerable surge in the use of the FDM technology for manufacturing due to its advantages, such as low-cost and reduced delivery time.

Key Robotics End-Of-Arm Tooling Market Challenge

High cost of deployment of industrial robots limiting demand for robotics end-of-arm-tooling are the major challenge for the global robotic end-of-arm tooling market growth. The initial installation of industrial robots includes investments in fixtures, tooling, and other accessories. End-users that implement industrial robots also need to invest in special-end effectors, such as simple vacuum pickers and enclosures, which can collect multiple cases in a single pick. Consequently, the average selling price can go up to $85,000 per implementation. Additional costs are also incurred due to preventive maintenance, safety, operator training, and the use of complementary peripheral equipment. Over the years, these factors have deterred industrial players from investing in robots. Although these robots offer a high return on investment (ROI) over a short period, their adoption entails high switching costs. Customers have entered long-term contracts with vendors to reap the benefits of automated production. Therefore, the high switching costs for customers may affect the performance of their entire product lifecycle.

This robotics end-of-arm tooling market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the global robotics end-of-arm tooling market as a part of the global industrial machinery market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the robotics end-of-arm tooling market during the forecast period.

Who are the Major Robotics End-Of-Arm Tooling Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Applied Robotics Inc.
  • ASS Maschinenbau GmbH
  • Barnes Group Inc.
  • Dover Corp.
  • EMI Corp.
  • Festo SE and Co. KG
  • FIPA GmbH
  • IPR GmbH
  • Novanta Inc.
  • Toyota Industries Corp.

 

This statistical study of the robotics end-of-arm tooling market encompasses successful business strategies deployed by the key vendors. The robotics end-of-arm tooling market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Applied Robotics Inc. - The company offers robotics end-of-arm tooling products such as XChange Tool Changers and QuickSTOPTM collision sensors.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The robotics end-of-arm tooling market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Robotics End-Of-Arm Tooling Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the robotics end-of-arm tooling market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the global industrial machinery market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Service
  • Support activities
  • Innovation

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

Which are the Key Regions for Robotics End-Of-Arm Tooling Market?

Robotics End-Of-Arm Tooling Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

62% of the market’s growth will originate from APAC during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for robotics end-of-arm tooling market in APAC. Market growth in this region will be faster than the growth of the market in regions.

Rise in demand for modular end-of-arm-tooling will facilitate the robotics end-of-arm tooling market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 has hampered the growth of the robotics end-of-arm tooling market in APAC. China, Japan, South Korea, and India have reported a high number of COVID-19 cases. As a result, governments in this region have taken measures, such as the imposition of lockdowns, to contain the spread of the disease. However, in 2021, the initiation of large-scale vaccination drives has lifted the lockdown and travel restrictions, which led to the resumption of supply chain activities. Such factors are expected to drive the market during the forecast period.

What are the Revenue-generating Application Segments in the Robotics End-Of-Arm Tooling Market?

Robotics End-Of-Arm Tooling Market Share

To gain further insights on the market contribution of various segments Request PDF Sample

The robotics end-of-arm tooling market share growth by the Material handling segment will be significant during the forecast period. The growth of the material handling market segment is expected to gain traction because of increased demand for industrial robots for applications such as pick and place, bin picking, loading, and unloading, press tending, packaging, die-casting, forging and forming during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the robotics end-of-arm tooling market size and actionable market insights on post COVID-19 impact on each segment.

 

Robotics End-Of-Arm Tooling Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4.75%

Market growth 2021-2025

$ 892 million

Market structure

Fragmented

YoY growth (%)

1.72

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

APAC at 62%

Key consumer countries

China, US, Japan, South Korea (Republic of Korea), and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Applied Robotics Inc., ASS Maschinenbau GmbH, Barnes Group Inc., Dover Corp., EMI Corp., Festo SE and Co. KG, FIPA GmbH, IPR GmbH, Novanta Inc., and Toyota Industries Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Robotics End-Of-Arm Tooling Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive robotics end-of-arm tooling market growth during the next five years
  • Precise estimation of the robotics end-of-arm tooling market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the robotics end-of-arm tooling industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of robotics end-of-arm tooling market vendors

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1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 02: Market characteristics
    • Exhibit 03: Value chain analysis: Industrial machinery
  • 2.2 Value chain analysis

    3 Market Sizing

    • 3.1 Market definition
      • Exhibit 05: Market segments
    • 3.2 Market segment analysis
      • 3.3 Market size 2020
        • 3.4 Market outlook: Forecast for 2020 - 2025
          • Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
          • Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

        4 Five Forces Analysis

        • 4.1 Five forces summary
          • 4.2 Bargaining power of buyers
            • Exhibit 09: Bargaining power of buyers
            • Exhibit 10: Bargaining power of suppliers
          • 4.3 Bargaining power of suppliers
            • Exhibit 11: Threat of new entrants
          • 4.4 Threat of new entrants
            • Exhibit 12: Threat of substitutes
          • 4.5 Threat of substitutes
            • Exhibit 13: Threat of rivalry
          • 4.6 Threat of rivalry
            • Exhibit 14: Market condition - Five forces 2020
          • 4.7 Market condition

            5 Market Segmentation by Application

            • 5.1 Market segments
              • Exhibit 16: Comparison by Application
            • 5.2 Comparison by Application
              • Exhibit 17: Material handling - Market size and forecast 2020-2025 ($ million)
            • 5.3 Material handling - Market size and forecast 2020-2025
              • Exhibit 18: Material handling - Year-over-year growth 2020-2025 (%)
              • Exhibit 19: Assembly line - Market size and forecast 2020-2025 ($ million)
            • 5.4 Assembly line - Market size and forecast 2020-2025
              • Exhibit 20: Assembly line - Year-over-year growth 2020-2025 (%)
              • Exhibit 21: Welding and soldering - Market size and forecast 2020-2025 ($ million)
            • 5.5 Welding and soldering - Market size and forecast 2020-2025
              • Exhibit 22: Welding and soldering - Year-over-year growth 2020-2025 (%)
              • Exhibit 23: Surface treatment and finishing - Market size and forecast 2020-2025 ($ million)
            • 5.6 Surface treatment and finishing - Market size and forecast 2020-2025
              • Exhibit 24: Surface treatment and finishing - Year-over-year growth 2020-2025 (%)
              • Exhibit 25: Others - Market size and forecast 2020-2025 ($ million)
            • 5.7 Others - Market size and forecast 2020-2025
              • Exhibit 26: Others - Year-over-year growth 2020-2025 (%)
              • Exhibit 27: Market opportunity by Application
            • 5.8 Market opportunity by Application

              6 Customer landscape

              • 6.1 Overview

                7 Geographic Landscape

                • 7.1 Geographic segmentation
                  • Exhibit 30: Geographic comparison
                • 7.2 Geographic comparison
                  • Exhibit 31: APAC - Market size and forecast 2020-2025 ($ million)
                • 7.3 APAC - Market size and forecast 2020-2025
                  • Exhibit 32: APAC - Year-over-year growth 2020-2025 (%)
                  • Exhibit 33: North America - Market size and forecast 2020-2025 ($ million)
                • 7.4 North America - Market size and forecast 2020-2025
                  • Exhibit 34: North America - Year-over-year growth 2020-2025 (%)
                  • Exhibit 35: Europe - Market size and forecast 2020-2025 ($ million)
                • 7.5 Europe - Market size and forecast 2020-2025
                  • Exhibit 36: Europe - Year-over-year growth 2020-2025 (%)
                  • Exhibit 37: South America - Market size and forecast 2020-2025 ($ million)
                • 7.6 South America - Market size and forecast 2020-2025
                  • Exhibit 38: South America - Year-over-year growth 2020-2025 (%)
                  • Exhibit 39: MEA - Market size and forecast 2020-2025 ($ million)
                • 7.7 MEA - Market size and forecast 2020-2025
                  • Exhibit 40: MEA - Year-over-year growth 2020-2025 (%)
                  • Exhibit 41: Key leading countries
                • 7.8 Key leading countries
                  • 7.9 Market opportunity by geography
                    • Exhibit 42: Market opportunity by geography ($ million)

                  8 Drivers, Challenges, and Trends

                  • 8.1 Market drivers
                    • 8.2 Market challenges
                      • Exhibit 43: Impact of drivers and challenges
                    • 8.3 Market trends

                      9 Vendor Landscape

                      • 9.1 Vendor landscape
                        • Exhibit 45: Landscape disruption
                      • 9.2 Landscape disruption
                        • Exhibit 46: Industry risks
                      • 9.3 Competitive Landscape

                        10 Vendor Analysis

                        • 10.1 Vendors covered
                          • 10.2 Market positioning of vendors
                            • Exhibit 48: Market positioning of vendors
                            • Exhibit 49: Applied Robotics Inc. - Overview
                            • Exhibit 50: Applied Robotics Inc. - Product and service
                            • Exhibit 51: Applied Robotics Inc. - Key offerings
                          • 10.3 Applied Robotics Inc.
                            • Exhibit 52: ASS Maschinenbau GmbH - Overview
                            • Exhibit 53: ASS Maschinenbau GmbH - Product and service
                          • 10.4 ASS Maschinenbau GmbH
                            • Exhibit 54: ASS Maschinenbau GmbH - Key offerings
                            • Exhibit 55: Barnes Group Inc. - Overview
                            • Exhibit 56: Barnes Group Inc. - Business segments
                          • 10.5 Barnes Group Inc.
                            • Exhibit 57: Barnes Group Inc. - Key offerings
                            • Exhibit 58: Barnes Group Inc. - Segment focus
                            • Exhibit 59: Dover Corp. - Overview
                            • Exhibit 60: Dover Corp. - Business segments
                          • 10.6 Dover Corp.
                            • Exhibit 61: Dover Corp. – Key news
                            • Exhibit 62: Dover Corp. - Key offerings
                            • Exhibit 63: Dover Corp. - Segment focus
                            • Exhibit 64: EMI Corp. - Overview
                            • Exhibit 65: EMI Corp. - Product and service
                          • 10.7 EMI Corp.
                            • Exhibit 66: EMI Corp. - Key offerings
                            • Exhibit 67: Festo SE and Co. KG - Overview
                            • Exhibit 68: Festo SE and Co. KG - Product and service
                          • 10.8 Festo SE and Co. KG
                            • Exhibit 69: Festo SE and Co. KG - Key offerings
                            • Exhibit 70: FIPA GmbH - Overview
                            • Exhibit 71: FIPA GmbH - Product and service
                          • 10.9 FIPA GmbH
                            • Exhibit 72: FIPA GmbH - Key offerings
                            • Exhibit 73: IPR GmbH - Overview
                            • Exhibit 74: IPR GmbH - Product and service
                          • 10.10 IPR GmbH
                            • Exhibit 75: IPR GmbH - Key offerings
                            • Exhibit 76: Novanta Inc. - Overview
                            • Exhibit 77: Novanta Inc. - Product and service
                            • Exhibit 78: Novanta Inc. – Key news
                          • 10.11 Novanta Inc.
                            • Exhibit 79: Novanta Inc. - Key offerings
                            • Exhibit 80: Toyota Industries Corp. - Overview
                            • Exhibit 81: Toyota Industries Corp. - Business segments
                          • 10.12 Toyota Industries Corp.
                            • Exhibit 82: Toyota Industries Corp. – Key news
                            • Exhibit 83: Toyota Industries Corp. - Key offerings
                            • Exhibit 84: Toyota Industries Corp. - Segment focus

                          11 Appendix

                          • 11.1 Scope of the report
                            • Exhibit 85: Currency conversion rates for US$
                          • 11.2 Currency conversion rates for US$
                            • Exhibit 86: Research Methodology
                          • 11.3 Research methodology
                            • Exhibit 87: Validation techniques employed for market sizing
                            • Exhibit 88: Information sources
                            • Exhibit 89: List of abbreviations
                          • 11.4 List of abbreviations

                            Research Framework

                            Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                            TechnavioINFORMATION SOURCES

                            Primary sources

                            • Manufacturers and suppliers
                            • Channel partners
                            • Industry experts
                            • Strategic decision makers

                            Secondary sources

                            • Industry journals and periodicals
                            • Government data
                            • Financial reports of key industry players
                            • Historical data
                            • Press releases
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                            TechnavioDATA ANALYSIS

                            Data Synthesis

                            • Collation of data
                            • Estimation of key figures
                            • Analysis of derived insights

                            Data Validation

                            • Triangulation with data models
                            • Reference against proprietary databases
                            • Corroboration with industry experts
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                            TechnavioREPORT WRITING

                            Qualitative

                            • Market drivers
                            • Market challenges
                            • Market trends
                            • Five forces analysis

                            Quantitative

                            • Market size and forecast
                            • Market segmentation
                            • Geographical insights
                            • Competitive landscape
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                            Robotics End-Of-Arm Tooling market growth will increase by $892 million during 2021-2025.
                            The robotics end-of-arm tooling market is expected to grow at a CAGR of 4.75% during 2021-2025.
                            Technavio has segmented the robotics end-of-arm tooling market by application (Material handling, Assembly line, Welding and soldering, Surface treatment and finishing, and Others) and geographic (APAC, Europe, North America, South America, and MEA).
                            Applied Robotics Inc., ASS Maschinenbau GmbH, Barnes Group Inc., Dover Corp., EMI Corp., Festo SE and Co. KG, FIPA GmbH, IPR GmbH, Novanta Inc., Toyota Industries Corp. are a few of the key vendors in the robotics end-of-arm tooling market.
                            APAC will register the highest growth rate of 61.55% among the other regions. Therefore, the robotics end-of-arm tooling market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
                            • China
                            • US
                            • Japan
                            • South Korea (Republic of Korea)
                            • Germany
                            The key factors driving the robotics end-of-arm tooling market growth are:
                            • Rise in demand for modular end-of-arm-tooling
                            The robotics end-of-arm tooling market vendors should focus on grabbing business opportunities from the material handling segment as it accounted for the largest market share in the base year.
                            • What are the key global market and the regional market share?
                            • What are the revenue-generating key market segments?
                            • What are the key factors driving and challenging this market’s growth?
                            • Who are the key market vendors and their growth strategies?
                            • What are the latest trends influencing the growth of this market?
                            • What are the variables influencing the market growth in the primary regions?
                            • What are the factors influencing the growth of the parent market?
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                            • Data on revenue-generating market segments
                            • Details on the market shares of various regions
                            • Five-force market analysis

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